Asian Currencies Dip Amid U.S. Dollar’s 0.1% RiseForex

Asian Currencies Dip Amid U.S. Dollar’s 0.1% Rise

Key Points Asian currencies experienced a decline against the dollar in Monday’s trading. The dollar index saw a minor rise,…

Global Forex Frenzy: Currencies Clash in Market Showdown!Forex

Global Forex Frenzy: Currencies Clash in Market Showdown!

At A Glance The U.S. dollar shows a slight decline in early European trade yet remains near recent highs due…

USD Index Steady at 104, AUD Hits 0.6540 HighsForex

USD Index Steady at 104, AUD Hits 0.6540 Highs

Key Points The USD Index (DXY) stayed nearly flat, lingering in the low-104.00s among mixed US yields and growing cautiousness.…

U.S. Labor Market Boosts Greenback to New PeaksForex

U.S. Labor Market Boosts Greenback to New Peaks

At A Glance The U.S. dollar rose due to stronger-than-expected labour market data. U.S. jobless claims fell to 218,000, indicating…

5 Nations’ Forex Markets Close, Yen Hits 2024 LowForex

5 Nations’ Forex Markets Close, Yen Hits 2024 Low

Key Points Lunar New Year and Memorial Day led to forex market closures in China, Singapore, South Korea, Hong Kong,…

USD Index Is Above 104, USD/JPY Hits Yearly High HighForex

USD Index Is Above 104, USD/JPY Hits Yearly High High

Key Points The USD Index (DXY) is above 104.00, influenced by the Fed’s interest rate expectations. EUR/USD makes slight progress,…

Central Bank Signals and Global Forex TrendsForex

Central Bank Signals and Global Forex Trends

On February 5, 2024, significant movements across major currency pairs animated the forex market. They reflected broader economic trends and…

Central Banks Shift Tactic Amid Forex Market ChangeForex

Central Banks Shift Tactic Amid Forex Market Change

Key Points Central banks shift from “higher for longer” to “later and faster” interest rate policies, emphasising data-driven decisions. US…

Forex Market Outlook: Indicators Forecasts for February 2024Forex

Forex Market Outlook: Indicators Forecasts for February 2024

As the trading week commences, forex market indicators show stability with no significant changes from the previous week. The opening…

Dollar Surges on Retail Boom – Global Markets ReactForex

Dollar Surges on Retail Boom – Global Markets React

Robust U.S. Retail Sales Data Spurs Dollar’s Resilience Globally In a dynamic shift, the U.S. dollar maintains its stronghold, approaching…